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Artisanal bread and fresh pastry making

Current registrations 4,183division 10: 9,619
Starters, 12 months 3718.9 per 100 · Belgium 8.8
Bankruptcies, 12 months 419.8 per 1,000 registrations · Belgium 6.2
Employment (FTE) 6,720407 employers · latest accounts
Median age 9.4 yearsBelgium 8.1 years

Filed accounts

NACE 10712 · financial year 2025 · 1,811 filed annual accounts
Median solvency
33.1%
division 33.3% · Belgium 46.1%
Median net result
€14,008
division €18,116 · Belgium €16,539
Median equity
€88,375
division €128,840 · Belgium €98,485
Loss-making
27.8%
division 28.4% · Belgium 26.7%
Negative equity
15.8%
division 16.2% · Belgium 12.4%
Median return on equity
17.3%
division 14.4% · Belgium 15.9%
Median liquidity
1.09
division 1.21 · Belgium 1.66
Filed late
44.8%
financial year 2024, 1,836 filings · division 38.2% · Belgium 38.4%
Per financial year202020212022202320242025
Median solvency 29.9%30.9%30.4%30.8%33.1%33.1%
Median net result €14,214€17,171€10,099€14,972€18,223€14,008

Hold your customer's or competitor's figures against them in the Sector benchmark

Bankruptcies

Bankruptcies, 5 years, still registered
111
2.65% of the registrations · Belgium 1.68%
Running bankruptcies
137
32.8 per 1,000 registrations

Recent bankruptcies

Date Company
03-11-2026 BAKKERIJ THIJS
BE 0448.828.601
03-11-2026 Patisserie Storms
BE 1008.278.277
26-10-2026 ALMAZ HIBA
BE 0794.451.378
20-10-2026 LE PETIT FOUR
BE 0742.662.187
13-10-2026 Dehossay, Sarah
BE 0696.622.029 · sole trader
13-10-2026 Keskan
BE 1021.913.113
30-09-2026 Pâtisserie Joël MASSAUX
BE 0435.692.821
24-09-2026 GRETIE
BE 0448.894.719

Every bankruptcy in division 10, last 90 days

Spread across the country

by region and province · 2,492 of 4,183 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 1,540 · 61.8%
  • Wallonia 679 · 27.2%
  • Brussels 272 · 10.9%
  • Abroad 1 · 0.0%
fewer moremax 533

Largest employers

NACE 10712 as first main activity · staff from the latest accounts
  1. 1 PMSWEETDison 282 FTEfinancial year 2025
  2. 2 Notre Village, accueil résidentiel et de jour, asblBraine-l'Alleud 215 FTEfinancial year 2025
  3. 3 GOURMANDMouscron 171 FTEfinancial year 2025
  4. 4 LANTMANNEN UNIBAKE LONDERZEELLonderzeel 168 FTEfinancial year 2025
  5. 5 Pâtisserie M.SchampCharleroi 161 FTEfinancial year 2025

Joint committees

from the latest accounts of 820 companies
  • 201 Independent retail 697
  • 118 Food industry 543
  • 302 Hotels and catering 27
  • 220 White-collar workers in the food industry 25
  • 119 Food trade 18
  • 200 Auxiliary committee for white-collar workers 11
  • 100 Auxiliary committee for blue-collar workers 7
  • 202 White-collar workers in food retail 5
Show the 12 others
  • 101 Mining 2
  • 124 Construction 2
  • 102 Quarries 1
  • 112 Garages 1
  • 144 Agriculture 1
  • 202.01 Medium-sized food businesses 1
  • 211 Oil industry and trade 1
  • 314 Hairdressing and beauty care 1
  • 319 Educational and residential institutions 1
  • 319.02 Educational and residential institutions 1
  • 329 Socio-cultural sector 1
  • 337 Auxiliary committee for the non-profit sector 1

Source: the annual accounts at the National Bank. One filing can name more than one committee.

Division 10: Food products

Related activities

3 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Manufacture of food products10711 503 18 10 7,004
Manufacture of rusks, biscuits and preserved pastry goods10720 437 61 4 3,410
Manufacture of food products10730 61 2 1 446

Bankruptcies per year in division 10

Per year201520162017201820192020202120222023202420252026
Bankruptcies11610310610712658681021349711590
Jobs lost1,188578385341893153150364582328440456

2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

Staff cost per FTE in NACE division 10

1,383 employers
Median
€54,000
Belgium €61,400
Middle half
€43,400 to €65,600
half of the employers lie between
Place among sectors
67 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €47,300 €38,200 to €57,100 562
10 to 49 FTE €54,200 €45,000 to €64,500 553
50 to 249 FTE €63,400 €56,500 to €75,700 211
250 FTE or more €74,100 €66,600 to €86,700 57

Running bankruptcies in the sector

NACE division 10
Number
227
Half have run longer than
22 months
Belgium: 20 months
Longer than three years
32%
Belgium: 31%

Measured nationally: Of 108,606 bankruptcies of legal entities across Belgium, 49% were closed within five years for insufficient assets and 29% after liquidation, 3% were withdrawn. After five years, 20% were still open. Half had ended after 26 months (a quarter after 15, three quarters after 51 months).

This counts companies with this main activity in the register on 5 November 2026. The outcome itself is not measured by sector. The activity of a company that leaves the register after its bankruptcy is too often not kept to compare closed cases fairly.

Outcome by court and division

Foreign control in NACE division 10

5,286 registered companies

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €106.5m awarded 1,270 recipients · 2022 to 2025 · largest: Subsidie in het kader van land- en tuinbouwbeleid
  • Wallonia-Brussels Federation €745,871 paid 1 recipient · 2021 to 2025 · largest: Subventions aux centres de jeunes : fonctionnement et intervention dans la rémunération des animateurs (décret du 20 juillet 2000)
  • EU budget €3.5m attributed share 13 recipients · 2021 to 2025 · largest: Horizon Europe
  • EU research €3.4m EU contribution 15 recipients · 2013 to 2026 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Artisanal bread and fresh pastry making

Balance sheet and result. Liquidity of 1.09 is below Belgium's 1.66. Solvency of 33.1% is below Belgium's 46.1%. 15.8% of the annual accounts show negative equity, against 12.4% in Belgium.

Bankruptcies. The median bankruptcy probability of 1.0% is above Belgium's 0.2%. In 12 months, 9.8 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 86% of the 88 NACE divisions.

Inflow and structure. Wallonia holds 27.3% of the seats, against 22.7% in Belgium. Half of the companies are younger than 9.4 years, against 8.1 years in Belgium. This activity holds 43.5% of the registrations of Food products.

Staff and filing. 44.8% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 996 of the 6,720 FTE: 14.8%.

Direction. Median solvency rose from 29.9% in financial year 2020 to 33.1% in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 05-11-2026 05:30.

Method and sources

Every company registered today counts under its main activities in the KBO. Establishment units do not count. Staff counts once, under the employer's first main activity, from its latest accounts and only where it fits the staff costs. The count follows the NACE 2025 classification, the version in which code 10712 exists.

The bankruptcies over five years count only companies still registered today, because the activity of a company that left the register is not kept. So they are fewer than the bankruptcies of those years, and the figure is not a probability for the future. Over twelve months the count is nearly complete, because a bankrupt company stays registered while its bankruptcy runs. A company with more than one main activity counts in each of those sectors.

The comparison with Belgium as a whole and with the other NACE divisions rests on an overview of every division, counted again each night. Each division is counted in the version of the NACE classification in which it exists. A standing such as "more than in 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Belgium here counts the 1,275,887 companies with a main activity, because only those belong to a division. The other 699,448 registrations publish no activity.

Each median is the value of the middle company, computed over the annual accounts of financial year 2025, and is shown only from 30 accounts. A share (loss-making, negative equity) counts that year's accounts with that trait. Accounts are late when they are filed after the statutory deadline. The direction per financial year follows the companies still registered today.